The German car wiring supplier Baltijos Eukutecas will invest 1.5 million euros to establish a new production business in the Klaipeda FEZ in Klaipeda, Lithuania.
On April 17, the Free Economic Zone of Klaipeda Port stated that this project will be launched and run within three months and will create 80 job opportunities.
Baltijos Eukutecas specializes in the production of power wiring systems, including cable manufacturing and wiring devices, most of which are geared towards the automotive industry.
Balajos Eukutecas CEO Ina Vaicekauskiene explained: "We moved here because of the attractive business environment here, as well as the space and flexibility to support our development."
Baltijos Eukutecas will establish a new business at FlexStart, a manufacturing and integrated management center in the Free Economic Zone of Klaipeda, Lithuania.
The facility will cover 2,700 square meters with 6,000 square meters of dedicated production space and 1,400 square meters of office space.